Morning Market Brief: Isopropyl Alcohol (IPA)

I. Key Points

1. Yesterday, the negotiated price for acetone in the East China market was CNY 8,525/ton, an increase of CNY 75/ton from the previous day.
2. Yesterday, Lihua Yiweiyuan’s external quote for isopropanol (IPA) was CNY 9,300/ton.

Core Logic: Monitor raw material market prices and downstream demand follow-through.

II. Price Table

Notes:

1. Prices for acetone, propylene, and IPA refer to National Standard Premium Grade products.
2. All listed prices are spot cash ex-works prices in CNY/ton.
3. The two periods compared represent point-in-time prices from the two preceding working weeks prior to this week, not weekly averages.
4. The change rate indicates the period-over-period fluctuation.

III. Market Outlook

Yesterday, the domestic isopropanol (IPA) market trended slightly upward within a narrow range. Raw material costs continue to provide support, prompting some plants to marginally raise their quotes. Holders remained largely wait-and-see; actual transactions were mostly pending buyer inquiries, with limited volume at higher price levels and deals primarily driven by rigid demand. Today, the IPA market is expected to maintain a firm consolidation trend, with attention focused on raw material market movements and demand follow-through.

IV. Data Calendar

Legend:

1. ↓↑ indicates significant fluctuations, highlighting data dimensions with changes exceeding 3%.
2. ↗↘ indicates minor fluctuations, highlighting data dimensions with changes within 3%.
3. → indicates stability.